Increase in Assets, Reserve and Insurance Written The thirtieth annual statement, of the Occidental Life Insurance Company shows a year marked by a significant gain in assets, contingency funds, insurance written and insurance in force.
On December 31, 1935 assets aggregated $26,000, 736.41, an increase of $4403.53 during the year. The company' calls attention to the fact that all real estate acquired was sold under contract, all mortgage loans fully guaranteed and no' bonds were default as to principal or interest, At the close of the year the amount held for the protection of policyholders, together with reserves to pay obligat*ons, amounted to $23,690,026.72, of which $4,133,135.50 was set up last year, including' $972,000 as a coniingency reserve for future investment fluctuations, Substantial Surplus During the year the surplus increased by $245,128.43, making the total surplus as regards policyholders $2,986,709.69 or in other words admitted assets of $112.61 for Jeach hundred dollars of liabilities.
The total life insurance in force increased during the year by $26,656 fuceregated $21047730038.. Annuities 075.06 and at the close of the
{nd supplementary contracts involving contingencies increased" during the year by $1,213,087.78, making the total figure at the end of the year
Text read from the printed page and cleaned; old type leaves the occasional error.